Countdown to the #BitcoinHalving: 3 days to go! Today, let’s debunk a common but misleading myth: “Bitcoin is anonymous and used by criminals.” Ready for some clarity? 🧵...
It’s a widespread belief that Bitcoin transactions are anonymous, making it a prime tool for illegal activities. However, the reality of Bitcoin’s operations paints a different picture 🕵️♂️ #Bitcoin runs on a blockchain protocol, a decentralized public ledger that records every… https://t.co/tqKyHpbbYt
📢 Support for $QRDO rebranding to $OPEN 👉 WazirX will delist QRDO/USDT & QRDO/INR on 16th April at 2:30 PM IST 👉 We will recover all QRDO balances and begin the distribution of OPEN to all eligible users at a ratio of 1 QRDO = 1 OPEN 👉 Trading for OPEN/USDT & OPEN/INR will be enabled soon More info 👉 https://support.wazirx.com/hc/en-us/articles/7078025499802-WazirX-Will-Support-the-Rebranding-of-Qredo-QRDO-To-Open-Custody-Protocol-OPEN
With just 4️⃣ days left until the 4th #BitcoinHalving, let’s tackle another widespread myth: "Bitcoin has no utility or purpose." Let's dive into the multifaceted utility and purpose of #Bitcoin 🧵...
Contrary to the myth, #Bitcoin serves various real-world functions With millions of global users, Bitcoin’s roles range from a means of payment to remittances to donations to long-term investment In nations like El Salvador, Bitcoin transcends its role as an investment,… https://t.co/GLn7MzzOyB
🖐️ days until the #BitcoinHalving, and it's time to debunk a major myth: "Bitcoin is a Ponzi Scheme." Let's dissect this claim and uncover the truth about Bitcoin's structure. 🧵...
Well, to determine that, you need to first understand what a Ponzi scheme is. They are a type of investment fraud in which existing investors are compensated with funds raised from new investors. They promise high returns with little or no risk. Bitcoin, however, operates… https://t.co/lSLG7QiQic
6⃣ days to the next #BitcoinHalving And today, we're busting the myth - "Bitcoin can be easily hacked." Let's delve into the security of the #Bitcoin network to decode this. 🧵...
First off, the Bitcoin network itself has remained unhacked since its inception. Thanks to its open-source nature! 🔍 Bitcoin's claim to fame includes solving the double-spend problem and paving the way for trustless, peer-to-peer digital currencies. Plus, once a #Bitcoin… https://t.co/7sicGU1Z1v
Crypto Weekly Wrap 📰 » Circle enables USDC transfers for BlackRock’s first tokenized fund $BUIDL » Shiba Inu burn rate skyrockets by 50,000%. Nearly 90 million $SHIB tokens were removed from circulation on a 24-hour scale. » Chainlink launches ‘Transporter’ app for moving crypto cross-chain. The app will allow users to transfer tokens across various blockchains, starting with Arbitrum, Avalanche, BNB Chain, and Ethereum, among others. » NEAR launches infrastructure committee with $4 million in funding. The aim is to strengthen NEAR's Key Infrastructure and support the success of $NEAR projects in an open and transparent manner. Market Update: #Bitcoin: $67,285 #Ethereum♦️: $3,255
A week until the next #BitcoinHalving, and it's time to debunk another myth: "Bitcoin is too technical for the average investor." Let's unpack this and see how accessible #Bitcoin really is. 🧵...
The belief that investing in #Bitcoin requires deep technical knowledge persists. While it’s wise to research any asset thoroughly, you don’t need to be a blockchain expert to get started with Bitcoin. 🚀 Understanding Bitcoin’s basics, like what influences its price, is… https://t.co/6e3deBTXwd